Worldwide IoT security spending on the rise

Worldwide spending on Internet of Things security will reach $348 million in 2016, a 23.7 percent increase from 2015 spending of $281.5 million, according to Gartner. Furthermore, spending on IoT security is expected to reach $547 million in 2018. “It’s encouraging to see the investment in security spend for IoT increase, it will however not be enough based upon Gartner forecasts. Our reliance on such devices will extend to well beyond consumer IoT, and such … More →